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Adani-Hindenburg row: Swiss authorities freeze $310 mn in fund

Adani-Hindenburg row: Swiss authorities freeze $310 mn in fund

Rediff.com13 Sep 2024

Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of money laundering allegations into Adani Group, US-based short seller Hindenburg Research claimed citing media report - a charge that the conglomerate vehemently denied. In a post on X, Hindenburg cited "newly released Swiss criminal records reported by Swiss media outlet" to state that "Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and securities forgery investigation into Adani, dating back as early as 2021."

Simbine runs season's fastest 100m; Lyles best in 150m

Simbine runs season's fastest 100m; Lyles best in 150m

Rediff.com19 May 2024

South Africa's Akani Simbine cruised through the finish of the 100 metres at the Atlanta City Games a tenth of a second ahead of Kenyan Ferdinand Omanyala, with American Kendal Williams finishing third in 10.05s.

India's first-ever hybrid pitch unveiled in Dharamsala

India's first-ever hybrid pitch unveiled in Dharamsala

Rediff.com6 May 2024

'Yes, the playing conditions still vary over time. But you're still in control of what sort of works for you on a pitch. So, you might play on a new hybrid pitch for one game.'

T20 World Cup: All-rounder Saad Bin Zafar to lead Canada

T20 World Cup: All-rounder Saad Bin Zafar to lead Canada

Rediff.com2 May 2024

Canada will make its maiden appearance in the Men's T20 World Cup with all-rounder Saad Bin Zafar, a player of Pakistani origin, set to lead the side in the showpiece event to be held in the Americas.

Drop-in pitch for Indo-Pak match set for installation

Drop-in pitch for Indo-Pak match set for installation

Rediff.com1 May 2024

The development of the pitches has been undertaken by Adelaide Oval Turf Solutions, led by renowned Adelaide Oval head curator Damian Hough.

Changing complexion: Adani stocks now have prominent investor base

Changing complexion: Adani stocks now have prominent investor base

Rediff.com24 Apr 2024

Amid intense scrutiny from short-sellers and regulators, Adani group stocks have seen a significant shift in their shareholder base: Relatively opaque foreign portfolio investors (FPIs) have given way to more recognisable investors and broad-based funds. The list of large public shareholders - those directly holding at least 1 per cent - is now dominated by entities, such as the state-owned Life Insurance Corporation (LIC), US-based GQG Partners, Abu Dhabi-based International Holding Company, and Qatar Investment Authority's INQ Holding.

All India Rank Review: Tender Must Watch

All India Rank Review: Tender Must Watch

Rediff.com23 Feb 2024

All India Rank achieves a fine balance of authenticity and sensitivity in the fine portrayals of its young actors and old.

LIC is world's fourth-largest insurer: S&P Global

LIC is world's fourth-largest insurer: S&P Global

Rediff.com6 Dec 2023

Insurance behemoth Life Insurance Corporation of India (LIC) is the fourth largest insurer in the world, according to a ranking based on life and accident & health reserves of companies in 2022 by S&P Global Market Intelligence. The state-owned insurer is ranked after Allianz SE, China Life Insurance Company, and Nippon Life Insurance Company. According to the report, LIC's reserves stood at $503.7 billion. Germany's Allianz SE ($750.20 billion), China Life Insurance Company ($616.90 billion) and Nippon Life Insurance Company ($536.80 billion) are the top three insurance companies in the world.

If India Wins World Cup, It Will Erase Dravid's 2007 Nightmare

If India Wins World Cup, It Will Erase Dravid's 2007 Nightmare

Rediff.com7 Nov 2023

The Indian players now have the opportunity to etch their names in the annals of cricketing history, with Dravid's dream, their dream, finally within reach.

1975 To 2023: How India Fared In World Cup Openers

1975 To 2023: How India Fared In World Cup Openers

Rediff.com9 Oct 2023

A look at how India have fared in their World Cup opening games.

USA qualify for U19 Cricket World Cup

USA qualify for U19 Cricket World Cup

Rediff.com19 Aug 2023

New Zealand, Nepal, Namibia and Scotland from other qualifiers complete the line-up.

Papua New Guinea's incredible journey to T20 WC spot

Papua New Guinea's incredible journey to T20 WC spot

Rediff.com28 Jul 2023

Papua New Guinea seals ICC Men's T20 World Cup 2024 berth

Maharashtra's Tulja Bhavani temple bans 'indecent' dress, does U-turn

Maharashtra's Tulja Bhavani temple bans 'indecent' dress, does U-turn

Rediff.com18 May 2023

The decision has been taken to maintain the sanctity of the religious place, he said.

Adani Saga: Sebi Seeks Overseas Info On FPIs

Adani Saga: Sebi Seeks Overseas Info On FPIs

Rediff.com10 May 2023

Sebi is learnt to have written to several regulators including those in Bermuda, Luxembourg, and Switzerland, seeking detailed information on some FPIs.

FIFA WC: Herdman's Canada is all fired up for Croatia

FIFA WC: Herdman's Canada is all fired up for Croatia

Rediff.com26 Nov 2022

Emotional after Canada's solid performance against the second-ranked team in the world, Herdman drew the attention of Croatian media after he said his team would go and "eff Croatia".

Meet India's medallists at Birmingham CWG

Meet India's medallists at Birmingham CWG

Rediff.com9 Aug 2022

Rediff.com introduces you to the athletes who have brought India glory in Birmingham.

Commonwealth Games 2022: Medals Table

Commonwealth Games 2022: Medals Table

Rediff.com8 Aug 2022

The medals table of the 2022 Commonwealth Games in Birmingham.

CWG: India wins historic gold-silver in men's triple jump

CWG: India wins historic gold-silver in men's triple jump

Rediff.com8 Aug 2022

Eldhose Paul led India's historic 1-2 finish in men's triple jump at the Commonwealth Games as he won a rare gold medal in track and field events and was followed by fellow Kerala athlete Abdulla Aboobacker in Birmingham on Sunday.

Saurashtra's Niraj Odedra gets Bermuda head coach job

Saurashtra's Niraj Odedra gets Bermuda head coach job

Rediff.com26 Jun 2022

The Bermuda Cricket Board has roped in Saurashtra's Niraj Odedra as the national team's head coach on a short term basis with an eye on qualification for the 2024 T20 World Cup in the West Indies and United States.

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Rediff.com17 Jun 2022

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.

PIX: When Tiger Woods surprised Lahiri with practice invite!

PIX: When Tiger Woods surprised Lahiri with practice invite!

Rediff.com19 May 2022

India's golfer Anirban Lahiri's week kept getting better even before he reached the tee in the opening round of PGA Championship as he got to practice alongside the legendary Tiger Woods in Tulsa, Oklahoma, on Wednesday.

Pandora Papers: A Rich Man's Game

Pandora Papers: A Rich Man's Game

Rediff.com20 Dec 2021

The money stashed away in tax havens is estimated at between $5.6 trillion and $32 trillion, numbers to make your eyes pop, asserts T N Ninan.

Athletics: Thompson-Herah posts second-fastest 100m ever

Athletics: Thompson-Herah posts second-fastest 100m ever

Rediff.com22 Aug 2021

Periault and Duffy were running shoulder to shoulder but the Frenchwoman pulled away from the Bermudan on the third lap of the run.

Tokyo Olympics Medals Table: USA top; India 48th

Tokyo Olympics Medals Table: USA top; India 48th

Rediff.com12 Aug 2021

The medal tally at the 2020 Olympic Games in Tokyo.

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Rediff.com17 Jun 2021

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.

Bengal BJP chief justifies 'bermuda' dig at Mamata

Bengal BJP chief justifies 'bermuda' dig at Mamata

Rediff.com25 Mar 2021

'Being a woman chief minister we certainly expect from her some decency that goes well with the culture and tradition of Bengal, and with the values of a Bengali woman'

Bengal BJP chief says Mamata should 'wear bermudas to show injured leg'

Bengal BJP chief says Mamata should 'wear bermudas to show injured leg'

Rediff.com24 Mar 2021

A video of Bharatiya Janata Party state president Dilip Ghosh apparently suggesting West Bengal chief minister should wear bermuda shorts to display her injured leg has triggered controversy with the ruling Trinamool Congress slamming it as a 'distasteful comment' and women expressing outrage over the remark in social media.

ICC announces rescheduled qualification path to 2022 U-19 WC

ICC announces rescheduled qualification path to 2022 U-19 WC

Rediff.com13 Dec 2020

The qualification for the 2022 edition of the age-group tournament had been delayed by a year due to COVID-19 pandemic. The remaining five spots will be determined by regional qualification.

India made max requests to foreign financial intel agencies in '18-'19

India made max requests to foreign financial intel agencies in '18-'19

Rediff.com24 Jul 2020

The Financial Intelligence Unit (FIU), the federal economic snoop agency under the Union finance ministry, sent 289 legal requests to its counterparts across the globe during 2018-19 as compared to 177 in 2017-18 and 138 in 2016-17.

Australia is World No 1 Test team; India slip to 3rd

Australia is World No 1 Test team; India slip to 3rd

Rediff.com1 May 2020

Australia have moved to the top of the Test and T20I rankings for men while England continue to lead the men's ODI rankings after the annual update carried out on Friday, which eliminates results from 2016-17. In the latest update, that rates all matches played since May 2019 at 100 per cent and those of the previous two years at 50 per cent, Australia (116) have taken over from India as the top ranked side in the MRF Tyres ICC Men's Test Team Rankings with New Zealand (115) remaining in second place. India are now third with 114 points.

Take the Sporting Challenge!

Take the Sporting Challenge!

Rediff.com26 Apr 2020

Take Norma Godinho's quiz to find out just how much you know about sport.

India reports 2nd coronavirus death, several states in shutdown mode

India reports 2nd coronavirus death, several states in shutdown mode

Rediff.com13 Mar 2020

The Union Health ministry put the number of positive cases at 82, eight more since Thursday night, which includes the woman and a 76-year-old man from Karnataka who became the country's first coronavirus fatality besides 17 foreign nationals, Health Ministry officials said.

U-19 World Cup: Showcasing cricket's brightest young stars

U-19 World Cup: Showcasing cricket's brightest young stars

Rediff.com31 Dec 2019

From Brian Lara to Virat Kohli, Ben Stokes to Steve Smith, the ICC Under-19 Cricket World Cup has never fallen short of showcasing cricket's brightest young stars. More than 30 years have passed since the world's top talents first announced themselves on the big stage, with the 1988 Youth Cricket World Cup a ground-breaking step in bringing ability to the fore.

Why Deepak Chahar's T20 World Record is special!

Why Deepak Chahar's T20 World Record is special!

Rediff.com11 Nov 2019

Deepak Chahar is the first Indian bowler ever to hold the record of best bowling figures in any format of international cricket (Test/ODI/T20I), points out Rajneesh Gupta.

Papua New Guinea qualify for WT20 finals

Papua New Guinea qualify for WT20 finals

Rediff.com27 Oct 2019

Papua New Guinea secured their place in the ICC men's Twenty20 World Cup in Australia next year with a 45-run win over Kenya, in Dubai.

India gets first lot of Swiss bank account details

India gets first lot of Swiss bank account details

Rediff.com7 Oct 2019

This is the first time that India has received details from Switzerland under the AEOI framework, which provides for exchange of information on financial accounts that currently active as well as those accounts that were closed during 2018.

10 small economies hold 85% of $15 trn phantom FDI

10 small economies hold 85% of $15 trn phantom FDI

Rediff.com11 Sep 2019

Phantom FDI refers to investments that pass through shell companies that have no real business activities and are tailor-made to cut tax liabilities.

INX media case: CBI looks for money trail in 5 countries

INX media case: CBI looks for money trail in 5 countries

Rediff.com23 Aug 2019

The letter rogatory, a judicial request for information from an Indian court to a court abroad, was sent recently to the United Kingdom, Singapore, Mauritius, Bermuda and Switzerland, they said.

What Hong Kong needs to do to stop the violence

What Hong Kong needs to do to stop the violence

Rediff.com31 Jul 2019

'This is not a time for bruised egos, face, shows of state power, petulance, or PR spin. It is a time for big-tent action across a table -- no matter how acrimonious -- with transparency, and with the media present,' notes Vijay Verghese.

In Pics: Sobhita Dhulipala gets sporty

In Pics: Sobhita Dhulipala gets sporty

Rediff.com29 Jun 2019

The Made in Heaven actor is Grazia's cover girl.

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